Alphabet, Google’s parent company, reported a strong Q2 with revenue reaching $61.88 billion, up 62% from last year. The company’s profit also more than doubled to $18.5 billion. Alphabet’s success is attributed to its focus on artificial intelligence and cloud computing. The stock price is currently at $2,817.41. Investors may consider buying shares now as Alphabet’s performance continues to impress and its AI-first strategy proves to be successful in driving growth and profitability.

Read more at Barchart: Why GOOGL Stock May Be the Market’s Next Big Winner